Digital Realty Trust, Inc. $DLR Shares Purchased by Elmwood Wealth Management Inc.

Elmwood Wealth Management Inc. grew its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 312.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 13,254 shares of the real estate investment trust’s stock after purchasing an additional 10,043 shares during the quarter. Elmwood Wealth Management Inc.’s holdings in Digital Realty Trust were worth $2,326,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Gables Capital Management Inc. acquired a new stake in shares of Digital Realty Trust in the second quarter valued at $29,000. Bell Investment Advisors Inc raised its position in Digital Realty Trust by 56.9% in the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 62 shares in the last quarter. First Community Trust NA acquired a new stake in Digital Realty Trust in the 3rd quarter valued at about $31,000. Solstein Capital LLC acquired a new stake in Digital Realty Trust in the 2nd quarter valued at about $32,000. Finally, Danske Bank A S bought a new position in shares of Digital Realty Trust during the 2nd quarter valued at about $39,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Down 3.4%

NYSE DLR traded down $6.14 on Wednesday, hitting $172.00. 1,754,269 shares of the company were exchanged, compared to its average volume of 2,317,421. The company’s 50 day moving average price is $185.78 and its 200-day moving average price is $187.24. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $63.81 billion, a P/E ratio of 83.50, a price-to-earnings-growth ratio of 3.45 and a beta of 0.99. Digital Realty Trust, Inc. has a twelve month low of $146.23 and a twelve month high of $208.14.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same period in the prior year, the company posted $1.87 earnings per share. Digital Realty Trust’s quarterly revenue was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Analysts predict that Digital Realty Trust, Inc. will post 8.40 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a dividend of $1.22 per share. The ex-dividend date was Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. Digital Realty Trust’s payout ratio is currently 236.89%.

Insider Activity at Digital Realty Trust

In related news, Director Mark Patterson sold 200 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $193.96, for a total value of $38,792.00. Following the completion of the sale, the director owned 6,322 shares in the company, valued at approximately $1,226,215.12. This represents a 3.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.15% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on DLR. HSBC lowered their price objective on shares of Digital Realty Trust from $240.00 to $235.00 and set a “buy” rating on the stock in a research note on Wednesday, September 23rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $229.00 target price on shares of Digital Realty Trust in a report on Monday, July 27th. Cantor Fitzgerald upped their price target on Digital Realty Trust from $211.00 to $221.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. upped their price target on Digital Realty Trust from $230.00 to $235.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Finally, Argus upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 price objective for the company in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $219.69.

Digital Realty Trust Profile

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers and related digital infrastructure. The company provides facilities and technology environments that support the computing, storage, networking and connectivity needs of enterprises, cloud service providers, telecommunications companies and other organizations.

Through its PlatformDIGITAL platform, Digital Realty offers data center colocation, interconnection and hyperscale data center solutions.